There are too many factors causing highly volatile trading in the Indian benchmark indices, causing them to see-saw.
Selling in blue-chip stocks and uncertainty around the US inflation data that is to be released on Tuesday caused both Sensex and Nifty to end lower on August 12.
The 30-share BSE Sensex dropped 368.49 points or 0.46 per cent to settle at 80,235.59. During the day, it hit a high of 80,997.67 and a low of 80,164.36, gyrating 833.31 points.
The 50-share NSE Nifty went lower by 97.65 points or 0.40 per cent to 24,487.40.
Also Read: Sensex jumps 746 pts amid fresh foreign fund inflows
From the Sensex firms, Bajaj Finance, Trent, Hindustan Unilever, HDFC Bank, Eternal, Bajaj Finserv, ICICI Bank, and Bharat Electronics were among the laggards.
However, Maruti, Tech Mahindra, Mahindra & Mahindra and NTPC were among the major gainers.
In Asian markets, South Korea's Kospi settled lower while Japan's Nikkei 225 index, Shanghai's SSE Composite index and Hong Kong's Hang Seng ended in positive territory.
European markets were trading on a mixed note.
Investors are also awaiting cues from the US-Russia talks that are due to be held on August 15.
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